The NFL will announce later today its plan to offer full refunds for any games canceled during a work stoppage in the 2011 regular season, Michael McCarthy of USA Today reports.

McCarthy adds that the refund policy will not extend to personal seat licenses (PSLs).

"We are working hard to secure an agreement with the union that is fair and forward-thinking to ensure our game is sound and strong well into the future," NFL Commissioner Roger Goodell said. "We know we will reach an agreement at some point. We all want football without interruption, but our fans are entitled to know now that they would receive refunds if any games are canceled."

For full details on how the refund policy will work, click here.